Diversified industries are discrete conglomerates. In
2023, Hubbell and Rockwell Automation made the
Winner’s Circle in the diversified industrial sector. Prior
winners include Ametek and Honeywell. Rockwell
Automation. Schneider Electric is driving substantial
improvement and is poised to be a future Supply Chain
Leader.
Chasing the lower cost of labor, dependent on
outsourced manufacturing, and building global sourcing
relationships, The industry grew by 3% while industry
Margins fell by 1%, and Inventory Turns declined by
10% when comparing 2013 to 2022.
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